View more on these topics

Keeping up with moving Joneses

Recent economic and social problems such as stockmarket volatility and

foot and mouth disease have not dented people&#39s desire to move property,

says Alliance & Leicester.

A&L questioned 4,115 adults in the UK in March for its latest quarterly

moving-improving index which analyses people&#39s intentions to move or

improve their home.

It found that 8 per cent of homeowners are planning a move in the next

year compared with 9 per cent in the last quarter of 2000.

A&L says issues such as foot and mouth, the petrol crisis, flooding,

decreasing interest rates and a general election have had no significant

bearing on decisions to move property.

The research revealed the likelihood to move house is more affected by

factors such as marital status and gender.

Fourteen per cent of single people say they are likely to move house

within the next 12 months compared with 6 per cent of married people, which

A&L says may lead to a renewed focus on building property suitable for

single people.

For the first time, women in their 20s and 30s emerged as more likely than

men of the same age to move house or enter the property market, with 16 per

cent of women in their 20s planning to move in the next 12 months compared

with 14 per cent of men.

A&L head of mortgages Tim Hague says: “Bridget Jones Britons may worry all

night about finding the perfect partner but they are pretty savvy when it

comes to buying a home.

“The latest findings from our movingimproving index dispel many commonly

held assumptions about the property market, in particular, the assumed

wisdom that people tend to respond to house price trends and decisions on

interest rates.

“For most people, decisions to move house are based on lifestyle and age.”


Your Pension @ Norwich Union

NORWICH UNION Your Pension @ Norwich Union Type: Group stakeholder pension. Minimum premium: £20. Minimum group size: 1. Minimum-maximum ages: 16-74. Fund links: Stakeholder with-profits, balanced managed, UK index tracker fund, sustainable future managed, retirement protection, deposit, defensive managed, UK equity, European equity, US equity, global bond, global equity, Pacific equity, index-linked gilt, gilt, international […]

The bones of the bonus

Recently, a trio composed of some of our oldest and most respected lifeoffices, Friends Provident (formed by Quakers in 1832), Legal & General(1836), and Scottish Widows (1815) incurred the wrath of an organisationknown as Chartwell by refusing to disclose the underlying investmentperformances of their with-profits funds. Instantly, the media was crammed with highly critical comment […]

Aifa dismay at re-opened pensions cases

Aifa says it is dismayed at the FSA&#39s proposal to re-open some closed pensions review cases to re-calculate the Serps element. Aifa voices this concern in its response to PIA Consultative Paper 34, &#39&#39The Pensions Review: Re-calculating Loss ( and Redress) for Phase 2 Transfers – Serps Adjustment.&#39 Aifa says it is especially concerned because […]

Put company cash to work

With interest rates and inflation at their lowest levels for years andindications that they will remain or even fall over the next few years,investors are searching for alternatives to traditional deposit accounts.But it is not just personal wealth that is under pressure. Companies withcash reserves – known as corporate money – are struggling with the […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm